Reuters:  Social media such as Twitter may not be worth as much as many people believe because of challenges they face in bringing in revenue.

Reuters:   The arrests of Rio Tinto (RTP) employees in China reflects the nation’s financial jitters.

Reuters:   CIT (CIT) financial problems could have a wide impact.

Reuters:   UBS (UBS) is hoping to delay a trial on tax evasion by clients in the hope of reaching a settlement.

Reuters:   Bank of America (BAC) is trying to avoid paying billions in fees to the government for covering losses at Merrill Lynch.

Reuters:   Six out of ten companies plan to skip upgrading to Microsoft (MSFT) Window 7, some for economic considerations.

Reuters:   Microsoft (MSFT) is pitching the sales of its Razorfish division to several large ad companies.

Reuters:   VW upped it bid for half of Porsche.

Reuters:   Geithner says it is too soon to look at more stimulus.

Reuters:   RSC Holdings is seeing a bottom in the construction business.

Reuters:   The Goldman Sachs (GS) profit bonanza could have a backlash.

WSJ:   CIT (CIT) is worried that large numbers of its customers will flee due to its financial problems.

WSJ:   Companies that sell basic goods and services could be good investments during a jobless recovery.

WSJ:   Berkshire Hathaway (BRK.A) is pulling back from risk at its insurance units.

WSJ:   Michigan’s slump spread to healthcare.

WSJ:   A retail trade group is launching and attack on Wal-Mart (WMT) over its support of the government’s healthcare plan.

WSJ:   China risks foreign deals after detaining several Rio Tinto employees.

WSJ:   Lennar admitted it had bad dry-wall in some of its homes.

WSJ:   US airlines are facing a credit squeeze.

WSJ:   Beijing Automotive has big plans for Opel if it buys the company.

WSJ:   Libya will decide whether Verenex Energy, which has drilling rights in the country, can be sold to Chinese interests

WSJ:   Dubai real estate is facing a slump.

WSJ:   Texas Instruments (TXN) is dialing back on its wireless baseband business.

WSJ:   News Corp’s (NWS) MySpace will work on becoming more of an entertainment site.

WSJ:   China State Construction-Engineering may be the largest IPO of the year.

WSJ:   Investment banks are suddenly interested in small IPOs.

WSJ:   Wall St. is having trouble figuring out what the economic value of Apple’s (AAPL) App store has for the company.

WSJ:   The biotech industry is moving closer to seeking Congressional legislation to protect its products from generics.

WSJ:   Porsche’s board will look at an investment from Qatar.

NYT:   Goldman Sachs (GS) may have earned $2 billion in the last quarter.

NYT:   A study of the period around the 2008 election shows that traditional media had stories before blogs.

NYT:   The Washington Post (WPO) may have made a decision about keeping a columnist based on web traffic.

NYT:   Talking Points Memo raised up to $1 million to expand staff.

NYT:   The Swiss Postal Service is moving the ability to read mail online.

NYT:   The San Francisco Chronicle will outsource its printing.

FT:   Microsoft (MSFT) will step up its war against Google (GOOG) by moving some of its software online.

FT:   Russia and China are doing more oil M&A deals.

FT:   Boutique investment banks are winning a large share of M&A deals.

FT:   European conglomerates are finding diversification does not help in a recession.

Bloomberg:   Emerging market share prices are the most expensive they have been since 2007.

Douglas A. McIntyre

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